Re:Cambridge Bitcoin Electricity Consumption Index
by csomar on Wednesday February 10, 2021 @10:48AM
(#26090728)
> could this become a future reason for governments to criminalise the trading / use of Bitcoin because of negative environmental effects?
The whole point of Bitcoin is resistance to adversity. Bitcoin value is directly correlated to its resistance against governments/agencies/bankers/regulation or anything else that wants to shut it down. If you can wrap your head around that, you'll understand why making bitcoin more eco-friendly from a centralized government or organization will suddenly make it less valuable.
The whole point of Bitcoin is resistance to adversity. Bitcoin value is directly correlated to its resistance against governments/agencies/bankers/regulation or anything else that wants to shut it down. If you can wrap your head around that, you'll understand why making bitcoin more eco-friendly from a centralized government or organization will suddenly make it less valuable.